With great sadness we confirm that Sir David Rowland, our former Chairman, has passed away.
Sir David was Chairman of Lloyd’s between 1993 and 1997 and, as many of you will remember, he played a critical role in safeguarding the future of the Lloyd’s market through perhaps its most difficult period.
Under his stewardship, Lloyd’s was able to confront and address the losses it was facing and put in place many of the necessary structural changes that still underpin the market, ensuring it remained on a firm footing.
Sir David was awarded a Gold Medal for Services to Lloyd’s in 1996. The medal has been awarded just 17 times since it was first introduced in 1919.
Bruce Carnegie-Brown, Chairman of Lloyd’s, said:
“We would like to express our deep sympathy and send our condolences to Sir David’s family for the debt of gratitude that we as a Corporation and a Market have to him.”
His funeral will be held at St Edmundsbury Cathedral, Bury St Edmunds, Suffolk on 13 March at 11.30am.
As a mark of respect, we will ring the Lutine Bell in the Lloyd’s Underwriting Room at 11:30am on 13 March, followed by a minute’s silence, to coincide with the start of the funeral.